Pen signs £25m equestrian capacity deal with Markel

Horse race

The three year deal will take effect from 1 May. Pen said the deal would enable it to provide customers “an increasingly innovative offering”. “The equestrian market presents unique risks and challenges due to the diversity of activities undertaken in the different disciplines,” said Seb Simmonds, commercial director of Pen Underwriting Delegated Solutions. “This demands a tailored response.” Juliet Redfern, managing director of equine and livestock at Markel, said the deal builds on Marke